3min chapter

Open to Debate cover image

Should We Forgive Student Debt?

Open to Debate

CHAPTER

Is Student Loan Cancellation a Stimulus?

Student doubt would actually be a really effective stimulus, which is particularly important right now ere werein a depressed economy. When economists craft stimulus programmes, they cut checks and send them to people who have the lowest income in the economy. So student loan cancellation has that same problem. Since a lot of it goes to very well off people, it's really inefficient,. cause they aren't going to go out and the economy. The other problem is that, let's say we 're to forgive the whole thing. That's one point seven trillion student loans are are totally different from what people see on a month month basis. We may be alleviating a 200 dollar a month payment for somebody with

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